Consolidated Hallmark Insurance Says N500Million Rights Issue Opens October 16, 2017

September 28, 2017

By InvestAdvocate

Lagos (INVESTADVOCATE)-Insurer, Consolidated Hallmark Insurance Plc said its N500 Million Rights Issue will open on Monday October 16, 2017, according to an issuers announcement to the Nigerian stock Exchange (NSE).

The insurer is issuing 1,000,000,000 ordinary shares of 50 Kobo each at the offer price of 50 Kobo per share on the basis of one (1) new ordinary share for every six (6) ordinary shares of 50 Kobo each.

Rights issue closed on Wednesday, 22 November 2017.